Tech
your username
May 2, 2021
A “social casino” is an app or website where an individual can play standard casino games online, using real money for more chances to play without the chance to win money or a prize. Recently, social casinos have faced increased scrutiny with seemingly more litigation and attention especially around targeting customers.
Google, Apple, and Facebook have each faced litigation regarding social casinos, particularly as the platforms hosting the games and processing player payments. However, some game developers, such as Zynga, have also faced litigation for their online gambling games. Google was specifically sued for carrying Zynga’s gambling games.
Exploring CFIUS Impact on M&A Sep. 15, 2021
About This Event
Recent CFIUS legislation has had significant effects on the range of transactions and investments that are potentially subject to regulatory review. Navigating the review process can be a daunting task, and it appears that CFIUS is moving quickly and proactively to stop risky deals from closing. Although CFIUS is largely a voluntary process, recent mandatory filing requirements have modified the criteria that triggers a mandatory filing. Should companies be concerned about CFIUS stepping up their investigations into non-notified transactions, or deals that were closed without a filing? What types of transactions are subject to a mandatory review? What sectors will be impacted under the new TID (technology, infrastructure, and data) rules?
Criminal Justice
Evidence supports RICO conviction of man who said his gun burst out before shooting judge, appeals court says
Image from Shutterstock.com.
A federal appeals court on Wednesday upheld the Racketeer Influenced and Corrupt Organizations Act conviction of a man accused of shooting a Texas judge as part of racketeering conspiracy that involved stolen credit and debit card numbers.
The 5th U.S. Circuit Court of Appeals at New Orleans upheld the conviction of Chimene Hamilton Onyeri, Courthouse News Service reports.
Judge Julie Kocurek of the 390th District Court in Austin, Texas, survived the shooting, but she was seriously injured. She is now back on the bench.
In this week’s edition:
House passes Secure and Fair Enforcement (SAFE) Banking Act to protect proceeds from state-legal cannabis businesses from operation of money laundering laws, but has an unclear path in the Senate
Senate Majority Leader Schumer and Sens. Booker and Wyden expected to introduce comprehensive cannabis reform legislation over objections from some Democratic colleagues
Adult-use cannabis now legal in 17 US states, including, most recently, in New York, New Mexico and Virginia
Florida Supreme Court strikes down ballot initiative that would have allowed Floridians to vote to legalize cannabis for adult use
Study finds 25 percent of Americans have consumed cannabis, up 56 percent since 2018
(AP Photo/Brennan Linsley, File)
(CN) Ruling against a Texas man convicted for his leadership role in carrying out fraud and racketeering schemes that included the attempted murder of a Texas state judge, the Fifth Circuit held Wednesday that his own testimony placed him in the judge’s Austin neighborhood.
Cheimene Hamilton Onyeri is serving a life sentence after a federal jury found him guilty of all 17 counts of Racketeer Influenced and Corrupt Organizations Act, or RICO, violations – ranging from mail fraud and bribery of a public official to identity theft and attempted murder.
Trial evidence showed that Onyeri and his co-conspirators ran a criminal enterprise in Austin, Houston and Louisiana from 2011 to 2015 that converted debit card numbers skimmed from devices into cash, using the U.S. mail. Emboldened by their successes, Onyeri and company expanded their enterprise to include stealing identities and debit card fraud, until they were arrested.